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Aug 27, 2009
08/09
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sean: bush ponce's last deficit was 455 million. -- bush's last deficit. then he said that unemployment go above 8%. now the estimates from six he is off by two trillion dollars. >> how are you going overboard with this? how are you miscalculating this much? according to them, things are worse than they anticipate a. even the person who runs the omb, this is a catastrophic deal with thisto somehow. sean: right now, under barack obama, washington will spend $31,000 per household. only take in 17,000 and borrow the other 14,000. how do you spend that much money when you don't have that money? aw do you do this and remain society?t was born during the depression. if he could not afford it, you not do. you just played and now you rip pants printer with your your pants. -- you just played it and now pants.ked your do this to your legs. it was a conservative family. i know some people that will buy a candy bar with a credit card. with the problem we have now i canre left to buy what afford rather than what i want, what a novel idea. sean: there was something the
sean: bush ponce's last deficit was 455 million. -- bush's last deficit. then he said that unemployment go above 8%. now the estimates from six he is off by two trillion dollars. >> how are you going overboard with this? how are you miscalculating this much? according to them, things are worse than they anticipate a. even the person who runs the omb, this is a catastrophic deal with thisto somehow. sean: right now, under barack obama, washington will spend $31,000 per household. only take...
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Sep 8, 2011
09/11
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now they're expected to come up with $1.5 trillion in deficit cuts on one hand and pass a $450 billion jobs plan on the other within, say, three months. this is going to be an enormous task for this president to sell it tonight and then more importantly, starting tomorrow when he goes to richmond, virginia to try and sell it to the public, going to be even more of an uphill battle to get this through the republican house and democratic senate when he has a such time window coming up. >> shep: the sense i get is that there is going to be a sort of overall feeling of who is going to get the blame? if they can't get this through and nothing happens, who gets the blame? i think there are gambles on both sides about who that is. john busy from the "wall street journal," the managing editor is with us and we'll talk to him in a moment. let's hear the president. [ applause ] >> members of congress, i have the high privilege and the distinct honor of presenting to you the president of the united states. [ cheers and applause ] >> thank you. >> shep: john busy from the "wall street journal." la
now they're expected to come up with $1.5 trillion in deficit cuts on one hand and pass a $450 billion jobs plan on the other within, say, three months. this is going to be an enormous task for this president to sell it tonight and then more importantly, starting tomorrow when he goes to richmond, virginia to try and sell it to the public, going to be even more of an uphill battle to get this through the republican house and democratic senate when he has a such time window coming up. >>...
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Sep 10, 2009
09/09
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i mean, for example, the president is talking about having to be deficit neutral. the congressional budget office has said that the proposals now before the congress would certainly not be that. that they would cost something on the order of a trillion dollars. and the president has indicated that they would have to be some cuts in medicare expenditures. he said it would all be waste. good question as to whether people believe that. if they do, obviously that would be an enormous boost to the president and to the democrats trying to pass this legislation. bret: steve, quickly, you were nodding your head there, steve. >> this is the main dispute. the white house thinks it's a message problem. republicans and people around the country who are opposed to the program or at least skeptical of it see it as a substance issue. bret: here now, from the house floor, president obama. >> thank you. [cheers and applause] thank you thank you. thank you. [gavel] >> members of congress, i have the high privilege and distinct honor to present to you the president of the united stat
i mean, for example, the president is talking about having to be deficit neutral. the congressional budget office has said that the proposals now before the congress would certainly not be that. that they would cost something on the order of a trillion dollars. and the president has indicated that they would have to be some cuts in medicare expenditures. he said it would all be waste. good question as to whether people believe that. if they do, obviously that would be an enormous boost to the...
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Jul 16, 2009
07/09
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we should reduce the deficit." we have to reduce the deficit, for this generation and generations to come. i support her in that effort. neil: i know you're saying that, but if you are really rich, and all of the sudden you were told that the 5.4% surtax you would have slapped on you to pay for health care was going to be for health care and you knew your top rate would go up, ostensibly to even things out from the bush years -- all of the sudden, 5.4% of the height is for another reason. >> i do not know what the context is. she was saying with more money in the treasury, we will apply that to deficit reduction, which would be appropriate. if in fact we conclude that the rate was there, we ought to modify that percentage. we would have to look clearly at the context in which it was said and what again with the estimate of what cost and revenues would be. neil: are you losing control of this? do you feel it is slipping away? >> no. i do not. every member of the democratic caucus believes we need to have health care
we should reduce the deficit." we have to reduce the deficit, for this generation and generations to come. i support her in that effort. neil: i know you're saying that, but if you are really rich, and all of the sudden you were told that the 5.4% surtax you would have slapped on you to pay for health care was going to be for health care and you knew your top rate would go up, ostensibly to even things out from the bush years -- all of the sudden, 5.4% of the height is for another reason....
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Sep 10, 2009
09/09
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put simply, our health care problem is our deficit problem. nothing else even comes close. [ applause ] nothing else. >> now, these are the facts. nobody disputes them. we know we must reform this system. the question is how. there are those on the left that believe the only way to fix the system is through a single pair system like canada's. [ applause ] >> where we would severely restrict the private insurance market and have the government provide coverage for everybody. on the right, there are those who argue that we should end employer-bass systems and leave individuals to buy health insurance on their own. i have said -- i have to say that there are arguments to be made for both of these approaches. but either one would represent a radical shift that would disrupt the health care most people currently have. since health care represents one sixth of our economy i believe it makes more sense to build on what works and fix what doesn't. rather than try to build an entirely new system from scratch scratch. [cheers and applause] >> that is pr
put simply, our health care problem is our deficit problem. nothing else even comes close. [ applause ] nothing else. >> now, these are the facts. nobody disputes them. we know we must reform this system. the question is how. there are those on the left that believe the only way to fix the system is through a single pair system like canada's. [ applause ] >> where we would severely restrict the private insurance market and have the government provide coverage for everybody. on the...
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Feb 13, 2010
02/10
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we need to raise the taxes to cut the deficit. et cetera, et cetera. look, if the whole purpose is just to raise revenue, then you might as well raise taxes 200%. if the purpose is to grow the economy, grow gdp and by that way grow revenue, then the proper way to do it and history backs me up time after time again, is to lower taxes. look, fdr tried this raising taxes thing and it kept us in the depression for a good ten years. you turn around what, did kennedy do? cut taxes. what happened in 1997 to spur the great ramp we had in the market from 1970 to 2000? we cut the capital gains and dividends taxes. thank god bush came in and cut taxes and gave us that great prosperity in the middle 2000s. there is no history -- >> that's a decade of -- >> there is no decade of raising taxes helping the economy. >> matt, is there any choice with the trillions that are being spent, either you cut spending or you hike taxes? >> exactly. this is simple math. we learn this in second grade. if you spend more than what you have, you have to bring in tax receipts or brin
we need to raise the taxes to cut the deficit. et cetera, et cetera. look, if the whole purpose is just to raise revenue, then you might as well raise taxes 200%. if the purpose is to grow the economy, grow gdp and by that way grow revenue, then the proper way to do it and history backs me up time after time again, is to lower taxes. look, fdr tried this raising taxes thing and it kept us in the depression for a good ten years. you turn around what, did kennedy do? cut taxes. what happened in...
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Jul 30, 2009
07/09
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that is why we have a $2 trillion deficit. greta: who would have guessed that whoever it was in arizona would not look so bad. anyway, we have to go. thank you. >> nice to see you. greta: the 911 caller at the senator gates case -- professor gates case speaks out. she had this to say. >> cambridge is a wonderful place and when i was called a racist and i was a target of scorn and ridicule because of the things i never said. now that the tapes are out, i hope people can say that i tried to be careful and honest with my words. it never occurred to me that the way i reported what i saw be analyzed by an entire nation. >> president obama has invited the officer and gates to the white house for a beer. what will they be drinking? robert gibbs says that gates will drink red stripe, obama will drink bud light, and the officer will drink boublue moon. we will be right back. we will be right back. go climb a tree. or discover things you've only read about. get the gear to get it done at bass pro shops. like the body glove method life v
that is why we have a $2 trillion deficit. greta: who would have guessed that whoever it was in arizona would not look so bad. anyway, we have to go. thank you. >> nice to see you. greta: the 911 caller at the senator gates case -- professor gates case speaks out. she had this to say. >> cambridge is a wonderful place and when i was called a racist and i was a target of scorn and ridicule because of the things i never said. now that the tapes are out, i hope people can say that i...
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Mar 8, 2011
03/11
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meanwhile, blasting president obama for failing to lead on the deficit. not a republican. a democrat. what does this democrat make of that? >>neil: lawmakers are waiting to vote on two plans to cut government spending and it looks like neither the democrat or republican plan will pass and the democrats are policemenning the -- blaming the president's plan. >>guest: the most powerful president in the "new york times"es, our president, has failed to lead the debate or offer a serious proposal for spending and cuts he would be willing to fight for. >>neil: what me is colorado democrat, strong words. what do you make of it? >>guest: i am on mission in my way to get our fiscal house in order and i think the president has to join the fray. the white house is concerned if they lay out a negotiating position then they are at a disadvantage but the president can make a real difference and we have talked. i want the fiscal commission recommendations implemented and our debate ought not to be on the short-term c.r. but on the broader and longer term challenge of the country. >>neil:
meanwhile, blasting president obama for failing to lead on the deficit. not a republican. a democrat. what does this democrat make of that? >>neil: lawmakers are waiting to vote on two plans to cut government spending and it looks like neither the democrat or republican plan will pass and the democrats are policemenning the -- blaming the president's plan. >>guest: the most powerful president in the "new york times"es, our president, has failed to lead the debate or offer...
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Aug 26, 2009
08/09
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each year, the deficit, the shortfall keep adding up. that is the deficit. it adds up to what we call the national debt. according to the white house, the total within 10 years will grow to $9.10 trillion. congress is saying that it will grow by $7.10 trillion. a lot of money. that is the debt. what is the key question? why you, why does anybody care? and lots of people say that we can live with these numbers. here is why. i was horrified to store this, the fed would come after us. maybe 76 or 66 depending on the estimates -- 76% of the country's debt will be equivalent to 76% of gdp. that means the entire economy, roughly 76% of it will be in debt. when you are financing that much debt and you have it trillions of dollars in debt, the government has to borrow money at higher interest rates. they pay to borrow money. there is less money for you to borrow to buy a car or a house, and they have to pay that money back. to get more money, they have to increase interest rates. the interest rates you will pay will be even a high gear. that is why deficits and debt
each year, the deficit, the shortfall keep adding up. that is the deficit. it adds up to what we call the national debt. according to the white house, the total within 10 years will grow to $9.10 trillion. congress is saying that it will grow by $7.10 trillion. a lot of money. that is the debt. what is the key question? why you, why does anybody care? and lots of people say that we can live with these numbers. here is why. i was horrified to store this, the fed would come after us. maybe 76 or...
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Apr 12, 2010
04/10
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the deficit is doubled. i'm not saying republicans -- we're now spending and creating deficits double what we left. you have a goal to say we're going to address entitlements or goals to say we're going to short medicare, even though the way you did it was by hiking taxes and discretionary taxes to do it. but that is hardly will power. i mean, you are just doing more of the same. >> what is will power was the 2008 campaign, john mccain, when asked by you, what do you do about the deficit, i tackle medicare, medication and social security. john mccain says don't take one dollar out of medicare. that was not a stand up position. i think democrats who did take standup position and -- >> neil: i did interview him and what he was saying, if this is something that is supposed to shore up medicare, the healthcare bill that became law, it's a funny way of doing it because what we have essentially done is add taxes just to keep it on life support. that's what he was saying. >> there was a -- look, every economist say
the deficit is doubled. i'm not saying republicans -- we're now spending and creating deficits double what we left. you have a goal to say we're going to address entitlements or goals to say we're going to short medicare, even though the way you did it was by hiking taxes and discretionary taxes to do it. but that is hardly will power. i mean, you are just doing more of the same. >> what is will power was the 2008 campaign, john mccain, when asked by you, what do you do about the deficit,...
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Jan 28, 2013
01/13
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>> sure, but the issue is, do you add it to the deficit in door you go ahead and find offsets? there are a lot of things that folks have problems with. one is that the a lot of the spending did not happen until 2013 and in the future. there was an argument that okay, we will take care of the emergency needs in the next year and a half and declare those an emergency and allow that to go under the deficit but money spent after 2014, make that compete in the regular budget process with all the other money so that way you find offsets or lesser programs if we have to spend. so the question is not, do you spend the up. the question is, do you borrow from the future to spend the money or do you find other ways to take care of it? >> what do you think? some say there are so many things that go directly to the bottom line, to the deficit, to the national debt, why would you want to use emergency aid to have to answer to a higher calling? >> well, the question, should everything answer to that same calling, the bolt only line of where we are on deficit and debt. budgeting is about prior
>> sure, but the issue is, do you add it to the deficit in door you go ahead and find offsets? there are a lot of things that folks have problems with. one is that the a lot of the spending did not happen until 2013 and in the future. there was an argument that okay, we will take care of the emergency needs in the next year and a half and declare those an emergency and allow that to go under the deficit but money spent after 2014, make that compete in the regular budget process with all...
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Jan 25, 2010
01/10
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we have this huge deficit. first of all i found this deficit when i showed up. >> if all we are doing is spending we are not making things then over time other countries are going to get tired of lending us money. eventually the party is going to be over. in fact now the party is over. >> yesterday i held a fiscal summit where i pledged to cut the deficit in half by the end of my first term in office. we cannot ignore the challenges. we cut back on programs we don't need the budget i submit will invest in the three areas that are critical to our economic future, energy, healthcare and education. >> under your budget the debt will increase $7 trillion over the next 10 years. the congressional budget office says 9.3 trillion. some republicans call the budget with spending on healthcare and environment the most responsive budget in history. >> some of the republican critics have a short memory because as i recall i am inheriting $103 trillion annual deficit from them. >> when my administration walk through the doo
we have this huge deficit. first of all i found this deficit when i showed up. >> if all we are doing is spending we are not making things then over time other countries are going to get tired of lending us money. eventually the party is going to be over. in fact now the party is over. >> yesterday i held a fiscal summit where i pledged to cut the deficit in half by the end of my first term in office. we cannot ignore the challenges. we cut back on programs we don't need the budget...
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Feb 8, 2010
02/10
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the deficit -- >> stuart: the deficit this year is $1.6 trillion, $1.3 trillion next year. >> without being interrupted, let me try to convey the big point. the big point here is a year ago we were losing 750,000 jobs a month. we were negative 6% economic growth. we are now at losing virtually no jobs a month. this figure, that rate turned around dramatically. and the economic growth has gone from negative 6 to positive 6% growth. as i say is the biggest economic turn-around in the history of this country. if you look at every single economic indicator -- >> stuart: i'm terribly sorry, i'm flat out of time. >> working and most of the wall street analysts are saying it's working. only the naysayers who want cheap political point -- >> stuart: only naysayers. it guess i'm a naysayer. julian epstein, thank you. >> speaks for itself. >> stuart: patrick kennedy taking a pot shot at scott brown saying his candidacy was a joke. my next guest says the democrats could go on the attack because they see brown as a threat. larry savao from ua center for politics. good to see you again and have yo
the deficit -- >> stuart: the deficit this year is $1.6 trillion, $1.3 trillion next year. >> without being interrupted, let me try to convey the big point. the big point here is a year ago we were losing 750,000 jobs a month. we were negative 6% economic growth. we are now at losing virtually no jobs a month. this figure, that rate turned around dramatically. and the economic growth has gone from negative 6 to positive 6% growth. as i say is the biggest economic turn-around in the...
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Jan 24, 2010
01/10
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but as i have said in the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the american people can be treated like monopoly money. >> bret: fighting terrorism, candidate obama's rhetoric meets president obama's reality, after the break. út@@@ >> bret: welcome back. barack obama's star rose in the shadow of 9/11 when many top democrats supported president bush's tough measures in the war on terror, obama was an early voice in opposition. once president obama took office, would his rhetoric match up to reality? >>> we will lead in our observance of human rights and rule of law and civil rights and due process which is why i will close guantanamo and i will restore habeus corpus and say no to torture. >> al-qaeda terrorists still plot to inflict catastrophic harm on america and he is worried that someone won't read them their rights. >> don't mock the constitution. don't make fun of it. don't suggest that it's unamerican to abide by what the founding fathers set up. it's worked pretty well for ov
but as i have said in the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the american people can be treated like monopoly money. >> bret: fighting terrorism, candidate obama's rhetoric meets president obama's reality, after the break. út@@@ >> bret: welcome back. barack obama's star rose in the shadow of 9/11 when many top democrats supported president bush's tough measures in the war on...
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Oct 6, 2009
10/09
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they are very worried about the ballooning deficit. i think that they are worried about the future of their state. neil: a lot of people thought that this was just a story of a billionaire ceo try and you buy way into sacramento. you were prepared for that. what about other issues? you wanted to delay the climate change issues. the mayor of san francisco faulted you on that, calling it backward thinking. >> i was prepared. it is rough and tumble out there. but i say what i mean and i mean what i say. ab32, do you know what it does? it brings down greenhouse gas emissions in california. down to a disadvantage against other states. we are bleeding jobs to texas, who have none of these standards. i want great environmental standards in california, but we cannot continue to lose jobs. 2 million people in california are out of work. let's all make sure that we understand the situation we find ourselves in, which is far more dire than when we began. when they see the size of that unemployment rate, the situation is very different. shepard: w
they are very worried about the ballooning deficit. i think that they are worried about the future of their state. neil: a lot of people thought that this was just a story of a billionaire ceo try and you buy way into sacramento. you were prepared for that. what about other issues? you wanted to delay the climate change issues. the mayor of san francisco faulted you on that, calling it backward thinking. >> i was prepared. it is rough and tumble out there. but i say what i mean and i mean...
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Feb 11, 2013
02/13
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that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than offset the defense cuts that would be devastating. >> bill wants the president to bail out republicans who made the sequestration deal. >> i want the president to bail out the military. >> but he wants to. >> he is commander in chief. maybe you are not aware of that. >> he is saying let's have a temporary deal to avoid sequestration and republicans are saying no, we have got to protect the rich oil companies and gas companies and we can't do it. >> chris: i will call a little bit of a change here and congressman cotton i want to
that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than...
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Jan 24, 2010
01/10
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but as i have said in the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the american people can be treated like monopoly money. >> bret: fighting terrorism, candidate obama's rhetoric meets president obama's reality, after the break. according to the epa, the air in your home can be two to five times more polluted than the air outside. smoke, germs, viruses, allergens, pet dander, even smelly and potentially harmful voc compounds can actually be floating in the air you're breathing! but now you can clean that air with the incredible oreck xl professional air purifier. and if you call and order now you'll pay no interest ever! the secret to oreck's effectiveness is its patented truman cell filter. the oreck air purifier constantly moves the air in the room through its powerful six-stage filtration system. its electrostatic plates capture many impurities such as dust, allergens, bacteria - even viruses -- then puts clean air back in the room. how clean is the air in your home? try my oreck pro
but as i have said in the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the american people can be treated like monopoly money. >> bret: fighting terrorism, candidate obama's rhetoric meets president obama's reality, after the break. according to the epa, the air in your home can be two to five times more polluted than the air outside. smoke, germs, viruses, allergens, pet dander, even smelly...
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Apr 16, 2012
04/12
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the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the buffett rule, i remember when $47 billion seemed like a lot of money. it is a lot of money. when you eliminate the bush tax cuts for the wealthy, that adds another $800 billion. to this is a piece of a larger pile along with $1.5 trillion. >> you were did -- would you agree. >> let me tell you something, mitt romney is out there arguing we should cut planned parenthood because we can't afford funding for women's health because we can't afford it. that's $300 million. he says we have to cut foreign aid by $100 million a year. that's because of the -- because
the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the...
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Jan 7, 2010
01/10
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how are they going to do this in a way that doesn't increase the budget deficit? >> greta: earthquake in the world of politics. we have the latest on that plus, guess who is in love? in minutes we'll tell you about a will have story involving two people every on the record viewer knows very well. we are back in two you are going to love this love story later in the show. ion is just a phone call away-- to my wife... who's not answering. announcer: there's a better way. intuit quickbooks online organizes your business in one place, and helps you stay on top of your business anytime, anywhere. get a 30-day free trial at intuit.com. only alka-seltzer relieves your upset stomach, heartburn, indigestion and headache... so you're good to go in the morning. you're late. alka-seltzer brings you back. >> greta: senator dodd says i'm outta here. he says he is not running for reelection. that's not all. he's the third major democrat in the past 24 hours to announce he's not running for reelection. ritter and dorgan also bowed out what is going on? joining us live, staff writ
how are they going to do this in a way that doesn't increase the budget deficit? >> greta: earthquake in the world of politics. we have the latest on that plus, guess who is in love? in minutes we'll tell you about a will have story involving two people every on the record viewer knows very well. we are back in two you are going to love this love story later in the show. ion is just a phone call away-- to my wife... who's not answering. announcer: there's a better way. intuit quickbooks...
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Aug 8, 2011
08/11
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deficits siting a number of 12 trillion in ten years. democrats never put that size of a budget plan or budget proposal on the table. the president outlined in a speech after he put out his budget put out another budget in which he outlined some 2 and a half trillion dollars in savings over ten years according to independent an nail sis. democrats are never serious about curbing entitlements. you have heard republicans don't want to raise taxes on any one especially families earning $250,000 a year. that says about what happens next. part the budget deal raise the debt ceiling and first we are cutting 900 billion in capping spending by about that much over ten years. then it leaves the rest of the decision making to a commission that has to find 1 and a half trillion dollars. s&p staked itself to the number of cutting 4 trillion in deficits over the next ten years. it will be part of a conversation all of the way through election season and democrats and republicans entrenched forcing the s&p point that washington can't get on the same p
deficits siting a number of 12 trillion in ten years. democrats never put that size of a budget plan or budget proposal on the table. the president outlined in a speech after he put out his budget put out another budget in which he outlined some 2 and a half trillion dollars in savings over ten years according to independent an nail sis. democrats are never serious about curbing entitlements. you have heard republicans don't want to raise taxes on any one especially families earning $250,000 a...
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Dec 12, 2010
12/10
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in order to just maintain the status quo temporarily. >> a billion in addition, in addition to the deficit. >> right. >> ear marks, what's the point with all the ear marks. >> there's enormous spending and krauthammer says it's basically stimulus, too. worse than that, the capacity to create jobs out of a tax increase, it's stability and dependability. we doesn't have that here. >> more to come. dive deeper into politics, next up on the panel, president obama handing over the reins to president clinton to soften the democratic outrage. and did he bring bubba back and beginning to take sides on the war on christmas, where does your favorite store stand? who is willing to wish you a merry christmas? a website devoted to it, coming up. hey... everyone's eating tacos outside bill's office. [ chuckles ] you think that is some information i would have liked to know? i like tacos. you invited eric? i thought eric gave you the creeps. [ phone buzzes ] oh. [ chuckles ] yeah. hey. [ male announcer ] don't be left behind. get it first with at&t. the nation's fastest mobile broadband network. period.
in order to just maintain the status quo temporarily. >> a billion in addition, in addition to the deficit. >> right. >> ear marks, what's the point with all the ear marks. >> there's enormous spending and krauthammer says it's basically stimulus, too. worse than that, the capacity to create jobs out of a tax increase, it's stability and dependability. we doesn't have that here. >> more to come. dive deeper into politics, next up on the panel, president obama...
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Jun 21, 2012
06/12
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that says we need to reduce our deficits so the cuts go to reduce deficit and the additional revenue goes to deficit reduction and our argument has been we need a balanced approach because if you say from the beginning you are not going to get one penny of additional revenue it means you have to whack everyone else hard irso you have to transfer more costs to seniors on medicare. median income is $23,000. >>neil: you think we are closer to something this >>guest: i'm not sure we are. grover norquist may be able to report on his meeting but the reality is, neil, 98 percent of house republicans have signed a pledge and under the interpretation of the pledge, if you close one tax loophole or get rid of one subsidy you cannot use that dollar to reduce the deficit. under the prejudice. that is a violation of pledge. hopefully maybe increase deficit will be changing his interpretation. >>neil: thank you, congressman, all good do see you. >>neil: the backdrop is a down day on the dow, 250 points to 12,573 with financial issues among the strongest hit today, those are banging issues and insu
that says we need to reduce our deficits so the cuts go to reduce deficit and the additional revenue goes to deficit reduction and our argument has been we need a balanced approach because if you say from the beginning you are not going to get one penny of additional revenue it means you have to whack everyone else hard irso you have to transfer more costs to seniors on medicare. median income is $23,000. >>neil: you think we are closer to something this >>guest: i'm not sure we...
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Jan 25, 2010
01/10
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we have this huge deficit. first of all i found this deficit when i showed up. >> if all we are doing is spending we are not making things then over time other countries are going to get tired of lending us money. eventually the party is going to be over. in fact now the party is over. >> yesterday i held a fiscal summit where i pledged to cut the deficit in half by the end of my first term in office. we cannot ignore the challenges. we cut back on programs we don't need the budget i submit will invest in the three areas that are critical to our economic future, energy, healthcare and education. >> under your budget the debt will increase $7 trillion over the next 10 years. the congressional budget office says 9.3 trillion. some republicans call the budget with spending on healthcare and environment the most responsive budget in history. >> some of the republican critics have a short memory because as i recall i am inheriting $103 trillion annual deficit from them. >> when my administration walk through the doo
we have this huge deficit. first of all i found this deficit when i showed up. >> if all we are doing is spending we are not making things then over time other countries are going to get tired of lending us money. eventually the party is going to be over. in fact now the party is over. >> yesterday i held a fiscal summit where i pledged to cut the deficit in half by the end of my first term in office. we cannot ignore the challenges. we cut back on programs we don't need the budget...
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Sep 11, 2009
09/09
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says add to the deficit? >> the c.b.o. is the ultimate arbiter whether something adds to the deficit or not. >> if nancy pelosi's a leader of the start-over caucus, i am going to march proudly behind her. i think that's exactly what she shiewd do. this is gimmickry. charles is right. they're saying whatever they need to say right now, because they feel desperate. they feel they need to have some accomplishment, which we talked about on this panel for months now. there needs to be something they can say. there needs to be something they can campaign on. i think they are now actually in real jeopardy of not having that, and i think they're feeling it, and this is one of the reasons they're basically saying whatever they can say to please whatever constituency. >> i think that the area in the speech that was the most avoidance specifics was the how you pay for it part. he said i'm not going to sign it unless it doesn't add to the deficit and he said tax the gold plated plans which he will level on the insurance companies. bre
says add to the deficit? >> the c.b.o. is the ultimate arbiter whether something adds to the deficit or not. >> if nancy pelosi's a leader of the start-over caucus, i am going to march proudly behind her. i think that's exactly what she shiewd do. this is gimmickry. charles is right. they're saying whatever they need to say right now, because they feel desperate. they feel they need to have some accomplishment, which we talked about on this panel for months now. there needs to be...
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Aug 26, 2009
08/09
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all of those deficits add up to the national debt. so the question is why do you, greta van susteren, why do i, adam shapiro, all of us americans, why do we care? here is why. i have a trustee $1 bill. greta: that is your favorite one. but i was going to use a real one, but i was worried that they would come after me -- >> i was going to use a real one. roughly 66 or maybe 76 depending on his estimates you believe, let's say 76% of the country debt, it would be equivalent to this amount of gdp. that means the crofton the -- that means this is a problem, because when you are financing this much debt, when you have trillions of dollars in debt, the government has to borrow money at higher interest rates that they pay to borrow money, and when they borrow money at high interest rates, two things happen. if there is less money in the marketplace for you to borrow money, and then to borrow more money, they have to keep raising interest rates, and the rate you pay will be even higher. that is what the deficit is a problem. we all think of i
all of those deficits add up to the national debt. so the question is why do you, greta van susteren, why do i, adam shapiro, all of us americans, why do we care? here is why. i have a trustee $1 bill. greta: that is your favorite one. but i was going to use a real one, but i was worried that they would come after me -- >> i was going to use a real one. roughly 66 or maybe 76 depending on his estimates you believe, let's say 76% of the country debt, it would be equivalent to this amount...
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Aug 12, 2012
08/12
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as a member of congress, ryan rubber-stamped the reckless bush economic policies that exploded our deficit and crashed our economy. now the romney-ryan ticket would take us back by repeating the same catastrophic mistakes. the obama campaign also already released a tough new ad: ♪ >> the paul ryan medicare plan, turns medicare into a voucher system. >> the paul ryan budget, which cuts aid to the disabled, which cuts aid to the immigrants' children, which cuts aid to the elderly... >> reporter: that ad went on to say that mitt romney and ryan are both back to the failed policies that crashed the economy. jamie. >> jamie: do republicans seem concerned about these attacks. >> reporter: the 7 term congressman from wisconsin, he said he's ready to defend himself against attacks from democrats loyal to president obama. >> president obama and too many like him in washington have refused to make difficult decisions because they are more worried about their next election than they are about the next generation. [cheers and applause]. >> reporter: and the campaign got off to a civil start yesterda
as a member of congress, ryan rubber-stamped the reckless bush economic policies that exploded our deficit and crashed our economy. now the romney-ryan ticket would take us back by repeating the same catastrophic mistakes. the obama campaign also already released a tough new ad: ♪ >> the paul ryan medicare plan, turns medicare into a voucher system. >> the paul ryan budget, which cuts aid to the disabled, which cuts aid to the immigrants' children, which cuts aid to the elderly......
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Feb 2, 2010
02/10
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astronomical federal deficit. what do you say to those folks who are watching as thinking, just stop it. test get it out. if i was in my home i would have to tighten my belt. no one is persuading me that you have an answer to get us out of this. >> we need to have a consistent message. most people want us to give the economy out of the ditch. the challenge is with the deficit where it is our spending flexibility is limited. obviously you don't want to raise taxes in the middle of a recession. our options are somewhat limited. we need to have stimulus spending now and long-term budget and fiscal responsibility, like we did starting in 1993 when we got the budget under control. if we had not messed up the budget starting in 2001 we would have paid off the national debt two years ago. megyn: we have done a lot of spending over the past two years, that is for sure, including the wars in iraq and afghanistan. congressman, i would give you the quick final word. i've got to go. >> then we would be in a position where we
astronomical federal deficit. what do you say to those folks who are watching as thinking, just stop it. test get it out. if i was in my home i would have to tighten my belt. no one is persuading me that you have an answer to get us out of this. >> we need to have a consistent message. most people want us to give the economy out of the ditch. the challenge is with the deficit where it is our spending flexibility is limited. obviously you don't want to raise taxes in the middle of a...
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Jul 5, 2011
07/11
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the president is expected to address the deficit later this hour. but, first, my guest says this is no way to run a nation. >> and now, chris, geithner found a loophole in the constitution that allows them to do an end run and pretend detriment, what debt limit? it demonstrates the lack of seriousness which the obama administration is taking this, geithner is taking it and our washington heards take it. this is a potentially catastrophic issue and the democrats and the obama administration are playing picks and see it not as a math problem but a political problem they have to solve before election day in their favor regardless of the spending limit and the debt limit. if they act as though it doesn't exist, it is not as though it does not result in the same consequences, it does. so i'm just horrified of the lack of seriousness we're getting from the leadership in washington. >> this is something that did not pop up today. the democrats on capitol hill have been discussion it. and senator schumer said it is worth exploring going through loopholes in
the president is expected to address the deficit later this hour. but, first, my guest says this is no way to run a nation. >> and now, chris, geithner found a loophole in the constitution that allows them to do an end run and pretend detriment, what debt limit? it demonstrates the lack of seriousness which the obama administration is taking this, geithner is taking it and our washington heards take it. this is a potentially catastrophic issue and the democrats and the obama...
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Aug 25, 2009
08/09
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the deficit should not be the primary determinant of when you do health care reform. >> deficits are not the only concern, economic growth in the year 2010 is projected but not enough to hurt unemployment. the average unemployment for the entire year will be 9.8%. shepard: thank you. president obama is making a big announcement about one of the top money men. he is reappointing ben bernanke for another four-year term. he says the country is still a long way away from a complete recovery. bernanke helped to limit the damage of the financial crisis. >> as an expert on the causes of the great depression, i am sure that he never imagined that he would be part of the team responsible for providing another. because o-- for preventing anot. that is what he has achieved. shepard: ben bernanke has to be confirmed by the senate. christophechris dodd is going td a thorough hearing. he says that ben bernanke is probably the correct choice. for the first time in three years, the values of homes are going up. that is according to the s&p national home price index. it rose for the second straight m
the deficit should not be the primary determinant of when you do health care reform. >> deficits are not the only concern, economic growth in the year 2010 is projected but not enough to hurt unemployment. the average unemployment for the entire year will be 9.8%. shepard: thank you. president obama is making a big announcement about one of the top money men. he is reappointing ben bernanke for another four-year term. he says the country is still a long way away from a complete recovery....
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Oct 2, 2009
10/09
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that's how much deficit spending they are doing over that time and it discounts the present value. $9 trillion they put in the bank today at 3% interest, then they could pay the deficit on that program. neil: but they argued longer term is when you start realizing the savings that we get efficiencies in government and you have heard the whole nine yards, so you're just not getting the same crunch? >> well, they project all sorts of savings, but these are just projections. there is no evidence that any of these savings are going to materialize. i mean, the president keeps saying he will cut fraud waste and abuse in the medicare system. presidents have been doing that at least since ronald reagan in 1991 and somehow it is still there. i don't think we can count on that. all we can look at is what they say they're going to bring in in new taxes, what they say they're going to spend and then we look at it and say this adds enormously to future deficits that are going to be passed on to our kids and grandkids. neil: a lot of it has to do with the past record of initiatives medicare started
that's how much deficit spending they are doing over that time and it discounts the present value. $9 trillion they put in the bank today at 3% interest, then they could pay the deficit on that program. neil: but they argued longer term is when you start realizing the savings that we get efficiencies in government and you have heard the whole nine yards, so you're just not getting the same crunch? >> well, they project all sorts of savings, but these are just projections. there is no...
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Mar 17, 2010
03/10
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if the cbo said this is going to add to the deficit and not be neutral. then this thing has to be adjusted quickly to the cbo's satisfaction before you proceed? >> under our rules, it has to. but we're hoping that the cbo will come back -- the senate bill, the house bill was originally more than some of us wanted. the senate i will was much less so i think this will be in the middle but we need to have it paid for. >> neil: we just had the jobs bill that was one day $15 billion, the next day offer $18 billion. i'm saying how did this go up 20% overnight. then i think of this trillion dollars healthcare bill. if you had the same 20% move, 200 billion bucks like, boom. how can you avoid that? >> future congresses have to pay for it. >> it's us. >> we need to fix it under the congressional budget office rules and if they say the bill will not be paid for, we'll figure out how to do that before we vote. >> thank you. >>> you ram it, you will regret t mighty mack's had enough. we told you what happens when john mccain gets angry. let's say he's angry and here.
if the cbo said this is going to add to the deficit and not be neutral. then this thing has to be adjusted quickly to the cbo's satisfaction before you proceed? >> under our rules, it has to. but we're hoping that the cbo will come back -- the senate bill, the house bill was originally more than some of us wanted. the senate i will was much less so i think this will be in the middle but we need to have it paid for. >> neil: we just had the jobs bill that was one day $15 billion, the...
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Dec 23, 2009
12/09
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is still projecting a cut in the deficit. >> it reduces the deficit by $132 billion. that's the last statement from the c.b.o. addressing the deficit. >> but republicans argue can't do that and protect medicare, that, in effect you can only use money you put in your some savis account if you haven't already spent it. the republicans hope to use the c.b.o. to remind democrats that there is no way they said they would support anything that increased the deficits, as did president obama. bret: notice that senators lieberman, nelson, lincoln and landrieu were not in the big democratic news conference. >> that is correct, although one of them's spokesman said it was just a staff mix-up. bret: i'm sure. jim, thank you. we will have a special edition of "special report" thursday morning to cover the historic vote. please join us at 6:55 a.m. eastern. set your alarms. it has been a relatively quiet day for president obama. he gave two interviews almost entirely on healthcare reform. let's get details from major garrett. good evening, major. >> good evening, bret. the presiden
is still projecting a cut in the deficit. >> it reduces the deficit by $132 billion. that's the last statement from the c.b.o. addressing the deficit. >> but republicans argue can't do that and protect medicare, that, in effect you can only use money you put in your some savis account if you haven't already spent it. the republicans hope to use the c.b.o. to remind democrats that there is no way they said they would support anything that increased the deficits, as did president...
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Mar 29, 2010
03/10
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>> governor kris big lead in the polls turned into a deficit now going after rubio as just another political insider. here is kris. >> national stardom called the he rad republican obama. >> now comes the truth. >> rubio's income sky rocketed when his power kreinsed. >> after months of talking about each other kris and rubio confront each other for the first time. welcome to fox news sunday. >> thank you, chris. thank you for the opportunity. >> i would like to ask eep of you to layout what you think is at stake here? mr. rubio you start. >> thank you for the opportunity to be here today. hap happy palm sunday to the viewers. people all over america all over florida looking at the administration chip away at all of the things that make america great throughout our history. america is not just an exceptional nation without it's greatness the world would be i would dare say a worse place. all of this is being chipped away by the administration. people are looking for leaders that would go to washington, d.c. and stand up for this agenda and offer a clear alternative. ism chosen to run for sena
>> governor kris big lead in the polls turned into a deficit now going after rubio as just another political insider. here is kris. >> national stardom called the he rad republican obama. >> now comes the truth. >> rubio's income sky rocketed when his power kreinsed. >> after months of talking about each other kris and rubio confront each other for the first time. welcome to fox news sunday. >> thank you, chris. thank you for the opportunity. >> i would...
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Mar 20, 2010
03/10
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that the congressional budget office in terms of deficits it's right. he is going to make the case for two and a half years -- pardon me, with the better part of a year left to go before the election, you really can't tell politically how this will come out. once americans start to see the benefits of health care reform, even though most of them won't see the benefits for a number of years, that the idea that people will no longer be denied insurance because of preexisting conditions, that goes into effect for children immediately. the idea that people won't be bankrupted that had haevl insurance because of illnesses, these will start to michael a difference. they will embrace it. >> kelly: we thank you for that. we have something going on at the capitol. >> another congressman changing his vote. we're going to listen to them. >> what the structure is and we'll go from there. senator hoyer. >> thank you very much. after a discussion with the chairwoman, she they will be recommending the following procedure for considering of the historic health care bil
that the congressional budget office in terms of deficits it's right. he is going to make the case for two and a half years -- pardon me, with the better part of a year left to go before the election, you really can't tell politically how this will come out. once americans start to see the benefits of health care reform, even though most of them won't see the benefits for a number of years, that the idea that people will no longer be denied insurance because of preexisting conditions, that goes...
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Feb 3, 2011
02/11
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the point that it would add to the deficit. only in washington would somebody claim that spending trillions of dollars on a brand-new government entitlement and massive bureaucracy will save money. >> lawmakers were able to agree on the onerous paperwork. they are still voting now on the repeal and likely to go on a point of order, democrats suggesting it violates budget rules, it may not actually come up but they will have to a vote on whether procedures would allow for it. >> we'll have the results here. >> we told you tuesday that democrats chose north carolina over st. louis, shar charlotte for the nominating convention. there is conflicting reports about missouri senator involvement in this. one says mcwas kel said that she lobbied to get it in her home state. "new york times" writes that they urged them on not to pick st. louis that it would complicate her reelection chances in the fall. >> planned parent has fired an employee giving advice on how to obtain services for illegal immigrant prostitutes and young sex workers.
the point that it would add to the deficit. only in washington would somebody claim that spending trillions of dollars on a brand-new government entitlement and massive bureaucracy will save money. >> lawmakers were able to agree on the onerous paperwork. they are still voting now on the repeal and likely to go on a point of order, democrats suggesting it violates budget rules, it may not actually come up but they will have to a vote on whether procedures would allow for it. >>...
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Mar 2, 2010
03/10
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why in her view the president wants this tax in 2018 and it is going to reduce our deficit but we are not gonna start it now? >> it is important for viewers to understand we are talking this tax taking effect two presidential elections from now this is a long time in the future. i think the explanation that nancy didn't want to give is that the president is very embarrassed about this proposal. during the presidential campaign, live in virginia, i remember clearly the campaign ads that barack obama ran against john mccain saying he wants to -- john mccain wants to tack your health care benefits. lo and behold that same provision is in president obama's plan. the other problem that the white house has, it is unpopular with the unions. remember during the house debate they had to sweetheart the deal. that's the reason why this provision doesn't kick in until what is that seven or eight years from now. >> here the issue, we are already running a pretty lousy deficit. according to the president's health czar, this tax would reduce the deficit so we certainly could use cash now. david greg
why in her view the president wants this tax in 2018 and it is going to reduce our deficit but we are not gonna start it now? >> it is important for viewers to understand we are talking this tax taking effect two presidential elections from now this is a long time in the future. i think the explanation that nancy didn't want to give is that the president is very embarrassed about this proposal. during the presidential campaign, live in virginia, i remember clearly the campaign ads that...
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Nov 15, 2010
11/10
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the deficit, a new found religion leading with the president what do you make of that? >>guest: well, i am not going to comment on what there are general any come lately or not but the fact that in front of our country is a tremendous problem that we have to make very difficult decisions about and it is about time we make them. >>neil: what they are saying reading between the lines, is that if we don't force this issue of raising the taxes on the upper income now we will never be able to because a two year extension means we will be have a new election period, and republicans will roll the dic. on getting a republican president and they will force the issue so although we see the man children -- the senator from west virginia sworn if as colleagues and they agree now is not the time to raise taxes on anyone, what do you think comes of this? >>guest: i don't think there is a time to raise taxes on anyone over the next ten or 15 years. until we have downsized the federal government and eliminated all the waste, fraud and abuse. it is just unbelievable the amount of stupid
the deficit, a new found religion leading with the president what do you make of that? >>guest: well, i am not going to comment on what there are general any come lately or not but the fact that in front of our country is a tremendous problem that we have to make very difficult decisions about and it is about time we make them. >>neil: what they are saying reading between the lines, is that if we don't force this issue of raising the taxes on the upper income now we will never be...
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Sep 16, 2009
09/09
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report says it would extend coverage to 94% of non-elderly americans and would actually reduce the deficit $489 billion over the next ten years. some democrats say they can't support the bill as it is because cuts to medicare will endanger seniors. >> this senator is going to offer an amendment that will shield them from those benefit cuts. >> other democrats worry about tax hikes on the middle class and unaffordable premiums despite reforms. >> i'm concerned that coverage will still be unaffordable for them. >> the plan would stop private insurance companies from cancelling coverage for pre-existing conditions, prevent illegal aliens from government insurance through i.d. verification and prevent federally funded abortions. but as for medical malpractice reform, instead of a law, there would be a non-binding sense of a senate resolution. lib liberal democrats who back the government insurance option rejected the baucus alternative out of hand. >> what we are saying to the united states senate, to the gang of six is thanks but no thanks. your proposal will not pass muster here. >> one cent
report says it would extend coverage to 94% of non-elderly americans and would actually reduce the deficit $489 billion over the next ten years. some democrats say they can't support the bill as it is because cuts to medicare will endanger seniors. >> this senator is going to offer an amendment that will shield them from those benefit cuts. >> other democrats worry about tax hikes on the middle class and unaffordable premiums despite reforms. >> i'm concerned that coverage...
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Feb 3, 2010
02/10
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vice president biden said today big deficits could become a national security issue. chief washington correspondent jim angle continues his series "one nation under debt," with a look at how the u.s. can be vuller in to believe pressure from foreign creditors. >> the u.s. is like a drug addict, except our addiction is to credit because we are spending far more money than we have. we agonized for three decades about dependence on foreign oil, but last year 68% of the borrowing came from abroad, so now we have a dependence on foreign credit. >> we have gone from the largest creditor nation to the largest debtor nation. we have gone from the end of world war ii where we had no foreign debt to where now 50% of debt held by the public is held by foreign lenders. >> china became our biggest creditor last year. japan is number two. anybody that doesn't think that has, doesn't have an effect on the policy is just detached from reality. >> reporter: there are plenty of conflicts when they argued ties to china, which they argue is part of the territory, it's postponed some nego
vice president biden said today big deficits could become a national security issue. chief washington correspondent jim angle continues his series "one nation under debt," with a look at how the u.s. can be vuller in to believe pressure from foreign creditors. >> the u.s. is like a drug addict, except our addiction is to credit because we are spending far more money than we have. we agonized for three decades about dependence on foreign oil, but last year 68% of the borrowing...
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Dec 12, 2010
12/10
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, this plan will increase the deficit according to the cbo by $858 billion, almost a trillion dollars. let me ask you, even if you pass this, what do you plan to do to cut the deficit in your first three months in power, with a new republican majority in the house? what do you plan to do to cut the deficit and willed you move to bring down the tax deductions, a trillion dollars in tax deductions and dramatically decrease the tax rates? >> number one, what we'll do is what the democrats didn't do. we'll cut spending and i find it interesting after the massive spending spree over the last two years the creation of two new health care entitlements now there is concern about deficits when they have a chance of raising taxes. we are not interested in raising taxes, $544 billion of that package you are talking about are simply keeping taxes where they are. the other $313 billion of the package is some of the spending stuff that you are talking about. we don't want to see you spending. we will come out of the gates, going after spending, chris, spending cuts, spending controls, and reforms o
, this plan will increase the deficit according to the cbo by $858 billion, almost a trillion dollars. let me ask you, even if you pass this, what do you plan to do to cut the deficit in your first three months in power, with a new republican majority in the house? what do you plan to do to cut the deficit and willed you move to bring down the tax deductions, a trillion dollars in tax deductions and dramatically decrease the tax rates? >> number one, what we'll do is what the democrats...
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Aug 25, 2009
08/09
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you talk about this deficit. maybe you could call in the saturn deficit. [laughter] rasmussen polls show that the number one priority of this administration is to lower the deficit. when you see these numbers come out, much worse than anyone thought. suddenly, health care seems to be in jeopardy. >> what is worrisome about the deficit in this is bad news for his health-care plan. even the cbo, the non-partisan budget experts, they said that health care reform will add to the deficit. it is not exactly like he is proposing something that is deficit-neutral. we have weeks and weeks of town halls on health care, but all of a sudden it is about security. i am sure there will be held for questioned at these meetings, but i also wonder if they will talk about these cia investigations. both of these things are very much on the minds of american people. martha: what your talking to is this question of whether or not president obama at this point consider switching gears. some have suggested that on the investigation to go forward may be drawing attention to a diff
you talk about this deficit. maybe you could call in the saturn deficit. [laughter] rasmussen polls show that the number one priority of this administration is to lower the deficit. when you see these numbers come out, much worse than anyone thought. suddenly, health care seems to be in jeopardy. >> what is worrisome about the deficit in this is bad news for his health-care plan. even the cbo, the non-partisan budget experts, they said that health care reform will add to the deficit. it...
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Dec 2, 2010
12/10
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republicans need to carry out their agenda which is stopping the deficit, getting our physical house in order. most of all, or they will abandon us two years from now. we can't forget that. >> middle class tax cuts is the name of it is that a genuine helping the american people or are we being gamed on that one? >> clearly gaming because the democrats in the house know that we will not agree to anything but complete tax cuts across the board for all americans. we should not be raising taxes on any one in these difficult times. they are taguing the vote and they will be able to say we are for the mid will class we are against the rich. warfare didn't work in the last election and it has never worked. >> i think the american people aren't looking for shirts and skins which team you are on they are looking for leadership. that's why i go back to the meeting yesterday where we have had leaders of both parties and the president of the united states and this was the big chance to sit in the room and finally do something and it got out sourced. >> it's a refreshing change. i asked mitch mcc
republicans need to carry out their agenda which is stopping the deficit, getting our physical house in order. most of all, or they will abandon us two years from now. we can't forget that. >> middle class tax cuts is the name of it is that a genuine helping the american people or are we being gamed on that one? >> clearly gaming because the democrats in the house know that we will not agree to anything but complete tax cuts across the board for all americans. we should not be...
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Oct 11, 2009
10/09
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what these deficits and what risk do they run to the economy? >> first of all, chris, i don't think i earned that nickname. i wish we had been more successful than we were in persuading congress to limit spending them. the deficits we argued about then are so miniscule compared to what we are doing now. the fundamental reality which again is going unattended right now is that the biggest threat to the long-term future of this nation isn't even the interpreting taking deficits. it is the entitlement overhang. this i pitch tess prattly was a bigger priority of this administration. meantime, to build deficits that are 3 and 4 x anything we have seen before is really only going to make a long-term serious situation worse. how long the ky necessary and others are -- the chinese and others are going to loan us money to spend beyond our means is beyond me. >> government has never increased the standard of live of one single human being. for some reason, that simple truth has evaded something. the only that creates and increased standard of living is gi
what these deficits and what risk do they run to the economy? >> first of all, chris, i don't think i earned that nickname. i wish we had been more successful than we were in persuading congress to limit spending them. the deficits we argued about then are so miniscule compared to what we are doing now. the fundamental reality which again is going unattended right now is that the biggest threat to the long-term future of this nation isn't even the interpreting taking deficits. it is the...
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Dec 4, 2009
12/09
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even if you supported it in the beginning, you must see the deficit and the debt. the money is going out and the unemployment rate is not going down. do the democrats cozy up to you in the hall and say, maybe we should put the brakes on this? >> a lot of the moderate members get it. they go home and they are hearing from their employers and their friends, they're asking them, what are you doing out there? you have to remember that the majority of the democrats in the house and the senate come from very liberal districts. they are liberal and they do believe that government is the answer to everything. they're going to continue to march down this path that, unfortunately, will not help create jobs. greta: are the republicans on defense? can you be on offense on things like job growth and getting jobs? >> we have been on offense about jobs and getting the economy going since early this year. greta: the numbers are going up. >> the president asked us for our ideas and we laid them on the table back in january. we sent him a letter in september and early october outlin
even if you supported it in the beginning, you must see the deficit and the debt. the money is going out and the unemployment rate is not going down. do the democrats cozy up to you in the hall and say, maybe we should put the brakes on this? >> a lot of the moderate members get it. they go home and they are hearing from their employers and their friends, they're asking them, what are you doing out there? you have to remember that the majority of the democrats in the house and the senate...
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Dec 13, 2009
12/09
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what he doesn't understand is that the deficit is what is stopping the jobs from being created. it's not what the spending had helping. >> bill: i took heat this week because i gave him a "b" on jobs because 11,000 in november compared to what was february 1st month in office. i don't think it's fair to say he hasn't at least stopped leading on the job front. i want to be fair to the president. he looks like he is getting in so deep. that is what we're here to do. dick, find his book, catastrophe. a feud between sarah palin and al gore over global warming and barbara walters and dennis miller on most fascinating people of 2009. more upcoming. can your body wash nourish this deeply? the moisturizer in other body washes sits on top of skin. only new dove has nutriummoisture... which can nourish deep down. new dove body wash with nutriummoisture. superior natural nourishment for your skin. i just want fewer pills and relief that lasts all day. take 2 extra strength tylenol every 4 to 6 hours?!? taking 8 pills a day... and if i take it for 10 days -- that's 80 pills. just 2 aleve ca
what he doesn't understand is that the deficit is what is stopping the jobs from being created. it's not what the spending had helping. >> bill: i took heat this week because i gave him a "b" on jobs because 11,000 in november compared to what was february 1st month in office. i don't think it's fair to say he hasn't at least stopped leading on the job front. i want to be fair to the president. he looks like he is getting in so deep. that is what we're here to do. dick, find his...